I need your kind help for this article lads >:), I found lotta of new phrase that difficult to understand...
1:.....had previously been focused only on the low end of the market were burrowing up to battle the.......
does burrow up mean raising up?
2:.....to attract the cream of China's fast-growing cohort of midlevel consumers......
cohort of... it sounds sooo odd, is it a common usage? and cream here is referred to?
3:The phrase can be similarly applied to middle market players in China that have been able to steal a march on incumbents by developing and releasing good enough products that are displacing premium ones.
what does "to steal a march on incumbents" mean? I don't really understand this.
Thanks >:)
1:.....had previously been focused only on the low end of the market were burrowing up to battle the.......
does burrow up mean raising up?
2:.....to attract the cream of China's fast-growing cohort of midlevel consumers......
cohort of... it sounds sooo odd, is it a common usage? and cream here is referred to?
3:The phrase can be similarly applied to middle market players in China that have been able to steal a march on incumbents by developing and releasing good enough products that are displacing premium ones.
what does "to steal a march on incumbents" mean? I don't really understand this.
Thanks >:)